Board: Old equipment in good shape can be taxed more

CODY — The Wyoming Board of Equalization is standing by a Park County decision that will likely have negative ramifications statewide for oil producers in Wyoming, but will also bring in around $100,000 more in tax revenue to the county annually.

Wednesday, the board ruled in favor of a 2017 Park County Commission decision to accept county assessor Pat Meyer’s valuation of Merit Energy Company’s equipment on its oil field 15 miles southeast of Cody on County Road 3EM.

In his 2017 assessment of personal property taxes to be levied on the company, Meyer said Merit’s equipment, while o...